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Filing year 2024

UNDERWOOD FAMILY FOUNDATION

Ames, Iowa·EIN 20-1487042·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1.1M
Total assets
$14.8M
Total expenses
$726k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. UNDERWOOD FAMILY FOUNDATION reported 2 unpaid officers and board members on its 990-PF.

Director
Director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$692k

Itemized grants

51

Median grant

$5k

RecipientLocationPurposeAmount
IOWA STATE UNIVERSITY FOUNDATIONAMES, IAOPERATIONAL$313k
ASCENTION LUTHERN CHURCHAMES, IAOPERATIONAL$52k
GILBERT COMMUNITY HISTORICAL SOCIETGILBERT, IAOPERATIONAL$33k
YSSAMES, IAOPERATIONAL$25k
GARNER COMMUNITY CHRISTIAN CHILD CAGARNER, IAOPERATIONAL$20k
AMES CHRISTIAN SCHOOLAMES, IAOPERATIONAL$16k
BIBLE STUDY FELLOWSHIPSAN ANTONIO, TXOPERATIONAL$16k
THE BRIDGE HOMEAMES, IAOPERATIONAL$15k
WESTERN WASHINGTON UNIV FOUNDATIONBELLINGHAM, WAOPERATIONAL$15k
CALVARY E FREE CHURCHWALKER, MNOPERATIONAL$14k
WALKER FIRE DEPARTMENTWALKER, MNOPERATIONAL$12k
KIDS ACCROSS AMERICA FOUNDATIONBRANSON, MOOPERATIONAL$11k
OBRIA MEDICAL CLINICAMES, IAOPERATIONAL$11k
FOOD AT FIRSTAMES, IAOPERATIONAL$10k
FOOD BANK OF IOWADES MOINES, IAOPERATIONAL$10k
MID-IOWA COMMUNITY ACTION INCMARSHALLTOWN, IAOPERATIONAL$10k
MISSION TO NORTH AMERICACHARLOTTE, NCOPERATIONAL$8k
KANAKUK MINISTRIESBRANSON, MOOPERATIONAL$7k
MATTHEW 25 HOUSEAMES, IAOPERATIONAL$6k
ALPHAOMNICRON PI FOUNDAITONBRENTWOOD, TNOPERATIONAL$6k
ST JUDE CHILDREN'S HOSPITALMEMPHIS, TNOPERATIONAL$6k
WALKER AREA COMMUNITY CENTERWALKER, MNOPERATIONAL$6k
WE WILL COLLECTIVE INCDES MOINES, IAOPERATIONAL$6k
GILBERT IOWA FIRE ASSOCIATIONGILBERT, IAOPERATIONAL$5k
FERNDALE HERITAGE SOCIETYFERNDALE, WAOPERTATIONAL$5k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

UNDERWOOD FAMILY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$750k
$772k
2023
$1.1M
$726k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Iowa

UNDERWOOD FAMILY FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Iowa earns a median of $9,846.

25th percentile
$2k
Median
$9,846
75th percentile
$52k
90th percentile
$140k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 312 organizations across 312 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Iowa
FAQ

Common questions about UNDERWOOD FAMILY FOUNDATION

What are UNDERWOOD FAMILY FOUNDATION's revenue and expenses?

In 2024, UNDERWOOD FAMILY FOUNDATION reported $1.1M in total revenue and $726k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.